Morocco’s Wheat Production to Hit 3.8 Mln mt in 2023/24, USDA

Morocco’s wheat production is forecast to reach 3.8 million mt for the next marketing year 2023-24, an increase of 41% from the previous season, according to the US Department of Agriculture (USDA).
USDA expects that Morocco will reduce its wheat imports for the next season by approximately 7% or 7 million mt.
Morocco became the biggest importer of European wheat in the current season, 2022-23 due to a lack of Black Sea supplies following the Russia-Ukraine crisis.
France is the EU’s leading exporter of wheat with 10.4 million mt in this marketing season, according to the USDA.
Morocco has imported 3.5 million mt this season, up from 1 million mt in 2021-22 after a drought-hit harvest last year.
The African country overtook Algeria as the EU bloc’s largest source of wheat imports.
Ukrainian and Russian wheat imports to Morocco have dropped from 24% to less than 3%, as Moroccan traders consider the high cost of logistical war risks for the Black Sea grain.